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Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

Swiss Franc/Hungarian Forint (FOREX:CHFHUF)

Strong Uptrend (+100) - CHFHUF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CHFHUF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid CHFHUF?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHFHUF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CHFHUF
Open High Low CHFHUF Price Change
415.23704 420.90800 414.41957 420.41028 +5.17324
Entry Signal

MarketClub’s Trade Triangles for CHFHUF

long term up The long-term trend has been UP since Feb 24th, 2022 at 358.08042

intermediate term up The intermediate-term trend has been UP since May 16th, 2022 at 372.86938

short term up The short-term trend has been UP since Aug 9th, 2022 at 405.53285

Smart Scan Analysis for CHFHUF

Based on our trend formula, CHFHUF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for CHFHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
415.23704 420.90800 414.41957 420.41028 +5.17324
Prev. Close Volume Bid Ask Time
415.23704 2022-08-16 06:08:39
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